DLBMX vs. VOO
DLBMX (MassMutual Small Cap Opportunities Fund) and VOO (Vanguard S&P 500 ETF) are both funds - DLBMX is a Small Cap Blend Equities fund managed by MassMutual, while VOO is a S&P 500 fund tracking the S&P 500 Index. Over the past 10 years, DLBMX returned 14.36%/yr vs 15.14%/yr for VOO. Their correlation of 0.84 means they have usually moved in the same direction. DLBMX charges 1.20%/yr vs 0.03%/yr for VOO.
Performance
DLBMX vs. VOO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, DLBMX achieves a 17.09% return, which is significantly higher than VOO's 10.16% return. Over the past 10 years, DLBMX has underperformed VOO with an annualized return of 14.36%, while VOO has yielded a comparatively higher 15.14% annualized return.
DLBMX
- 1D
- -0.67%
- 1M
- -0.52%
- 6M
- 12.24%
- YTD
- 17.09%
- 1Y
- 27.15%
- 3Y*
- 13.46%
- 5Y*
- 14.68%
- 10Y*
- 14.36%
- ALL TIME*
- 10.46%
VOO
- 1D
- 0.71%
- 1M
- 0.26%
- 6M
- 8.58%
- YTD
- 10.16%
- 1Y
- 21.58%
- 3Y*
- 19.42%
- 5Y*
- 12.83%
- 10Y*
- 15.14%
- ALL TIME*
- 14.78%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $3.82B | $3.78B | $5.44B |
DLBMX vs. VOO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DLBMX MassMutual Small Cap Opportunities Fund | 17.09% | 8.07% | 12.30% | 17.43% | -16.19% | 64.90% | 19.75% | 25.54% | -11.14% | 13.90% |
VOO Vanguard S&P 500 ETF | 10.16% | 17.82% | 24.98% | 26.32% | -18.17% | 28.79% | 18.32% | 31.37% | -4.50% | 21.77% |
Correlation
The correlation between DLBMX and VOO is 0.71, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.71 |
Correlation (3Y) Balances recent behavior with more history. | 0.76 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.82 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.81 |
Correlation (All Time) Calculated using the full available price history since Sep 9, 2010 | 0.84 |
The correlation between DLBMX and VOO shifts across timeframes, from 0.71 (1 year) to 0.84 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
DLBMX vs. VOO — Risk / Return Rank
DLBMX
VOO
DLBMX vs. VOO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MassMutual Small Cap Opportunities Fund (DLBMX) and Vanguard S&P 500 ETF (VOO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| DLBMX | VOO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.17 | ||
| Sortino ratioReturn per unit of downside risk | -0.09 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.28 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 1.92 | 2.21 | -0.28 |
| Martin ratioReturn relative to average drawdown | 7.57 | 9.44 | -1.87 |
Loading charts...
Drawdowns
DLBMX vs. VOO - Drawdown Comparison
The maximum DLBMX drawdown since its inception was -65.12%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for DLBMX and VOO.
Loading charts...
Drawdown Indicators
| DLBMX | VOO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.12% | -33.99% | -31.13% |
Max Drawdown (1Y)Largest decline over 1 year | -12.42% | -8.90% | -3.52% |
Max Drawdown (3Y)Largest decline over 3 years | -24.84% | -18.69% | -6.15% |
Max Drawdown (5Y)Largest decline over 5 years | -29.39% | -24.52% | -4.87% |
Max Drawdown (10Y)Largest decline over 10 years | -42.55% | -33.99% | -8.56% |
Current DrawdownCurrent decline from peak | -1.89% | -1.38% | -0.51% |
Average DrawdownAverage peak-to-trough decline | -10.16% | -3.67% | -6.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.17% | 2.08% | +1.09% |
Volatility
DLBMX vs. VOO - Volatility Comparison
MassMutual Small Cap Opportunities Fund (DLBMX) and Vanguard S&P 500 ETF (VOO) have volatilities of 3.66% and 3.54%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| DLBMX | VOO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.66% | 3.54% | +0.12% |
Volatility (6M)Calculated over the trailing 6-month period | 13.24% | 10.10% | +3.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.59% | 12.82% | +4.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.67% | 16.93% | +14.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.15% | 18.01% | +10.14% |
DLBMX vs. VOO - Expense Ratio Comparison
DLBMX has a 1.20% expense ratio, which is higher than VOO's 0.03% expense ratio.
Dividends
DLBMX vs. VOO - Dividend Comparison
DLBMX's dividend yield for the trailing twelve months is around 8.64%, more than VOO's 1.07% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DLBMX MassMutual Small Cap Opportunities Fund | 8.64% | 10.11% | 9.33% | 4.73% | 0.88% | 35.42% | 7.82% | 0.46% | 11.94% | 13.55% | 3.14% | 11.15% |
VOO Vanguard S&P 500 ETF | 1.07% | 1.13% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% |
Frequently Asked Questions
DLBMX and VOO have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DLBMX has higher volatility (3.66%) compared to VOO (3.54%). In terms of maximum drawdown, DLBMX dropped -65.12% vs VOO's -33.99%.
VOO currently has the higher Sharpe Ratio (1.53 vs 1.36), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for DLBMX and VOO
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer